You should do it. Do a Psychic Monotype or something (Catch an Abra and teach it all the punches and then you win). It only takes me like an hour and a half.

Speaking of challenges not taking a long time, do you think we could pull off something like:
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Pokemon Speed Challenge
In this challenge, you simply sign up saying what game you want to play, and then someone else signs up with the same game. You then go head to head in a race to see who can complete it fastest. Emulators are necessary, so that you can see how far each other are. In order to make sure there is no cheating going on, we ask that you (this is the only part I'm not sure on. What program should we tell people to have so they can see each others screens. I know skype can do it, but I don't know if you can do both screens at the same time. I've used teamviewer, but that also means they can mess with your computer if they want to. There also might be other programs out there, so what do you guys think).

Once you find someone to race, contact them via PM/VM and ask if they are ready to start. Once both parties are ready to start, go for it!
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What do you guys think? If it gets the thumbs up, and gets popular enough, I was thinking we could even do a little tournament to see who the ultimate speed champion is!

I like the idea of the Speed Challenge, but I don't know if you would need to get two people to compete against each other at the same time. Maybe change it so if it's an update challenge you have to screenshot the save screen and include it within your update. Then keep a track on the fastest times from there.